Settle DDEP Coupons and build debt buffers – President Mahama to  Ministry of Finance 

Following a directive from President John Dramani Mahama, the Ministry of Finance on  February 17, 2025, honoured the Payment-In-Cash (PIC) coupon of GHS6.081 billion to all

Domestic Debt Exchange Programme (DDEP) bondholders.

Government has also honoured the Payment-ln-Kind (PIK) portion of GHS3.46 billion, deposited into the respective bondholders’ securities accounts in line with the DDEP Memorandum.

Additionally, Government has also paid into the Debt Service Recovery Cedi Account (SinkingFund) an amount of GH59.7 billion as a buffer for the 5th DDEP coupon that will fall due in July and August, 2025.

President Mahama has expressed commitment in honouring all obligations under the budget Statement, in the economy, prioritise spending DDEP. 

Through the 2025 Government will announce further measures that will help to restore market confidence and improve transparency and accountability in public finances.

Ultimately, Government seeks to restore fiscal prudence while ensuring value for every pesewa spent. 

Despite the challenging economy that was bequeathed by the previous administration, Government is determined to bring back a stable Cedi, control spiralling inflation and create jobs for the teeming youth of the country.